A safer place to park my Rolls-Royce
[ 2006-08-10 08:00 ]
Before going
to Europe on business, a man drives his Rolls-Royce to a downtown New York City
bank and asks for an immediate loan of $5,000.
The loan officer, taken
aback, requests collateral. "Well then, here are the keys to my Rolls-Royce,"
the man says. The loan officer promptly has the car driven into the bank's
underground parking for safe keeping and gives the man the $5,000.
Two
weeks later, the man walks through the bank's doors and asks to settle up his
loan and get his car back. "That will be $5,000 in principal, and $15.40 in
interest," the loan officer says.
The man writes out a check and starts
to walk away. "Wait, sir," the loan officer says. "You are a millionaire. Why in
the world would you need to borrow $5,000?"
The man smiles, "Where else
could I find a safer place to park my Rolls-Royce in Manhattan for two weeks and
pay only $15.40?"
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